FNK15: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
FNK15
Largest movements
- Cash +€72,805
up €72,805 (+85.6%), from €85,032 to €157,837
mainly Net result for the year (+€106,500) and Tax, wage and social debts (+€54,245)
- Receivables within one year +€9,792
up €9,792 (+7.0%), from €139,347 to €149,139
of which Trade receivables: +€7,185
- Tangible fixed assets +€8,854
up €8,854 (+14.2%), from €62,565 to €71,419
of which Land and buildings: +€5,737
- Deferred charges and accrued income +€5,912
up €5,912 (+820%), from €721 to €6,633
- Stocks and contracts +€5,305
up €5,305 (+170%), from €3,125 to €8,430
- Profit (loss) carried forward +€57,750
up €57,750 (+52.2%), from €110,727 to €168,477
- Tax, wage and social debts +€54,245
up €54,245 (+73.4%), from €73,864 to €128,108
of which Remuneration and social security: +€41,397
- Other debts -€9,352
down €9,352 (-23.3%), from €40,184 to €30,832
- Gross operating margin +€205,215
up €205,215 (+52.4%), from €391,327 to €596,542
- Staff costs +€163,301
up €163,301 (+59.3%), from €275,249 to €438,550
- Write-downs -€13,258
no longer reported in 2024 (was €13,258)
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €299,705 | €402,373 | +€102,667 | +34.3% |
| Fixed assets | 21/28 | €71,480 | €80,334 | +€8,854 | +12.4% |
| Tangible fixed assets | 22/27 | €62,565 | €71,419 | +€8,854 | +14.2% |
| Land and buildings | 22 | €37,657 | €43,394 | +€5,737 | +15.2% |
| Plant, machinery and equipment | 23 | €15,137 | €17,451 | +€2,314 | +15.3% |
| Furniture and vehicles | 24 | €7,776 | €7,134 | -€643 | -8.3% |
| Other tangible fixed assets | 26 | €1,995 | €3,440 | +€1,445 | +72.4% |
| Financial fixed assets | 28 | €8,915 | €8,915 | = | 0.0% |
| Current assets | 29/58 | €228,225 | €322,039 | +€93,814 | +41.1% |
| Stocks and contracts in progress | 3 | €3,125 | €8,430 | +€5,305 | +170% |
| Stocks | 30/36 | €3,125 | €8,430 | +€5,305 | +170% |
| Amounts receivable within one year | 40/41 | €139,347 | €149,139 | +€9,792 | +7.0% |
| Trade receivables | 40 | €10,673 | €17,859 | +€7,185 | +67.3% |
| Other amounts receivable | 41 | €128,673 | €131,280 | +€2,607 | +2.0% |
| Cash at bank and in hand | 54/58 | €85,032 | €157,837 | +€72,805 | +85.6% |
| Deferred charges and accrued income | 490/1 | €721 | €6,633 | +€5,912 | +820% |
| Total equity and liabilities | 10/49 | €299,705 | €402,373 | +€102,667 | +34.3% |
| Equity | 10/15 | €165,727 | €223,477 | +€57,750 | +34.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,727 | €168,477 | +€57,750 | +52.2% |
| Amounts payable | 17/49 | €133,979 | €178,896 | +€44,918 | +33.5% |
| Amounts payable within one year | 42/48 | €133,979 | €178,896 | +€44,918 | +33.5% |
| Trade debts | 44 | €19,931 | €19,956 | +€25 | +0.1% |
| Suppliers | 440/4 | €19,931 | €19,956 | +€25 | +0.1% |
| Taxes, remuneration and social security | 45 | €73,864 | €128,108 | +€54,245 | +73.4% |
| Taxes | 450/3 | €46,124 | €58,972 | +€12,848 | +27.9% |
| Remuneration and social security | 454/9 | €27,740 | €69,137 | +€41,397 | +149% |
| Other amounts payable | 47/48 | €40,184 | €30,832 | -€9,352 | -23.3% |
| Remuneration, social security and pensions | 62 | €275,249 | €438,550 | +€163,301 | +59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,564 | €13,535 | -€1,030 | -7.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,258 | - | -€13,258 | |
| Other operating charges | 640/8 | €1,627 | €3,920 | +€2,293 | +141% |
| Non-recurring operating charges | 66A | €1,137 | €6,378 | +€5,242 | +461% |
| Gross operating margin | 9900 | €391,327 | €596,542 | +€205,215 | +52.4% |
| Operating profit (loss) | 9901 | €85,492 | €134,160 | +€48,667 | +56.9% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €8,404 | €2,795 | -€5,609 | -66.7% |
| Recurring financial charges | 65 | €8,404 | €2,795 | -€5,609 | -66.7% |
| Profit (loss) for the period before taxes | 9903 | €77,088 | €131,368 | +€54,280 | +70.4% |
| Income taxes | 67/77 | €23,196 | €24,868 | +€1,672 | +7.2% |
| Profit (loss) for the period | 9904 | €53,893 | €106,500 | +€52,607 | +97.6% |
| Profit (loss) for the period to be appropriated | 9905 | €53,893 | €106,500 | +€52,607 | +97.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.